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Market Size Matters: you can't plan a strategy, start a business, or make an investment without understanding key facts about the Taxi Cab Service industry. Find the information you need to help make the right decisions.


The Report on Taxi Cab Service contains key information used by Marketing Departments in many of the Fortune 1,000 companies and beyond. The report helps identify industry changes, trends, key players, and growth opportunities.

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Current State of the Industry . .
Market Size (historical trends) . .
Market Forecast (5-year projection)   .
Products/Services Breakdown   .
Revenue per State . .
Financial Metrics . .
Salary & Compensation Statistics . .
Public Company Information . .
Key Private Companies   .
Government Vendors   .
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2014 Market Research Report on Taxi Cab Service Industry


Current Research on the Taxi Cab Service Industry

This section provides answers to the fundamental and commonly-asked questions about the industry:
  1. What is the total market size ($ millions)?
  2. Has the market grown or declined?
  3. What is the market growth rate?
  4. Are long term forecasts positive or negative?
  5. What is the industry size and average company size?
  6. How many companies are in the industry?

Market Size Statistics

The total U.S. market size for the Taxi Cab Service industry: statistics cover all companies, both public and private. In addition to total revenue, the industry research provides details on employees, companies, and average firm size in the sector. Use this market information to research and analyze growth rates and the Taxi Cab Service industry trends and market outlook based on quantitative research and economic data.

market size 2014
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2008        2009        2010        2011        2012        2013
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: AnythingResearch Analysis of US Census and government market data



Market Forecast - Taxi Cab Service[PREMIUM]

Market forecasts show the long term industry outlook & Taxi Cab Service future growth trends. The following five-year forecast utilizes advanced econometric techniques that project both short-term and long-term market growth outlook. The industry outlook can be used to set a strategy applicable to economic realities.

market forecast

Forecast / Industry Outlook 201420152016 2017 2018
Market Forecast ($ millions)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Taxi Cab Service industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Long-Distance Passenger Transportation By Road, Except Fixed-Route

Long-Distance Pass Trans By Road, Except Fixed-Route, Other Vehicles

Local Passenger Transportation By Road, Except Fixed-Route

Local Taxi Service

Special Needs Trans Serv, Including Paratransit, Senior Citizen

Taxicab Services



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of an "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis - Taxi Cab Service

Financial ratio information can be used to compare how a company in the industry is performing relative to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios - Taxi Cab ServiceIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Taxi Cab Service industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Taxi Cab Service measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity Ratios - Taxi Cab ServiceIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

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Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations 23%
Dispatchers, Except Police, Fire, and Ambulance 10%
Transportation and Material Moving Occupations 70%
Taxi Drivers and Chauffeurs 64%
Source: Bureau of Labor Statistics


Companies in Taxi Cab Service and Similar Industries[PREMIUM]

Taxi Cab Service market research identifies top companies with the largest estimated market share. Information includes corporate earnings and public company ticker symbols where available.

CompanyAddressRevenue Estimate







Public Taxi Cab Service Company News

Web scan for recent news about public companies. Taxi Cab Service market research on key company news, and Taxi Cab Service statistics. The market size analysis identifies the overall sales data within the industry. Statistics break down facts about companies within the market.


Government Contracts Related to Taxi Cab Service

In 2013, the federal government spent a total of $6,663,897 on Taxi Cab Service. It has awarded 266 contracts to 41 companies, with an average value of $162,534 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount



Growth Opportunities / Competitive Threats

Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Taxi Cab Service to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

The following industries are competing channels for sales of similar products/services.

Local Passenger Transportation By Road, Except Fixed-Route
Competing IndustrySales Relative to Taxi Cab ServiceOpportunity/Threat
Limousine Service

Since sales from Taxi Cab Service are a small fraction compared to other industries selling Local Passenger Transportation By Road, Except Fixed-Route, companies in the Taxi Cab Service industry have the opportunity to expand their product offering to take share from these adjacent industries.
Local Passenger Transportation By Road, Except Fixed-Route Product Sales Report





Segments classified within this market research report

This market research report includes companies whose primary business is any of the following:
Taxicab services, Taxicab fleet operators, Taxicab owner-operators, Taxicab dispatch services, Cab (i.e., taxi) services, Taxicab organizations, etc.



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